| Cheniere Energy reports 4Q loss | |
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HOUSTON (AP) _ Cheniere Energy Inc. (LNG) on Friday reported a loss of $158.6 million in its fourth quarter.
The Houston-based company said it had a loss of 70 cents per share. Losses, adjusted for non-recurring costs, came to 50 cents per share.
The results did not meet Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of 29 cents per share.
The natural gas company posted revenue of $66 million in the period.
For the year, the company reported that its loss widened to $547.9 million, or $2.44 per share. Revenue was reported as $268 million.
Cheniere Energy shares have increased 6.5 percent since the beginning of the year. The stock has risen 55 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LNG at http://www.zacks.com/ap/LNG
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Keywords: Cheniere Energy, Earnings Report
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Cheniere Energy Inc.
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CODE : LNG |
ISIN : US16411R2085 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Cheniere Energy is a exploration company based in United states of america. Cheniere Energy is listed in United States of America. Its market capitalisation is US$ 42.9 billions as of today (€ 38.6 billions). Its stock quote reached its lowest recent point on December 31, 2001 at US$ 0.75, and its highest recent level on September 06, 2024 at US$ 180.64. Cheniere Energy has 237 656 695 shares outstanding. |